Labor/Management Relations;
Please read Federal Pay vs. Private Sector Compensation from The New York Times and answer the following questions:
Do you believe that public sector jobs should be paid and benefited, more than, equal to, or less than comparable private-sector jobs, and why? How instrumental have public sector unions been in increasing the size and cost of government in the U.S. due to the discrepancies in pay and benefits between public and private sector employees? Support your position.
Macroeconomics;
As you have learned in Unit 8 (this week), monetary and fiscal policy play important roles in economic stimulation and or stabilization. In this regard:
Start with a brief introduction that explains the use of Government policy to control the economy.
When is it appropriate to use monetary and fiscal policy to stimulate or stabilize the economy? Look at both.
When is it inappropriate to use monetary and fiscal policy to stimulate or stabilize the economy? Look at both.
What specific fiscal policy tools would you use to stimulate aggregate demand and how?
What specific monetary policy tools would you use to stimulate aggregate demand and how?
What is your conclusion, should policymakers use monetary and or fiscal policy, or a combination of both, to stimulate aggregate demand? Explain your reasoning.
